Key Notes Plaee is leveraging Crypto.com’s compliance with CFTC to launch a prediction market platform. Crypto.comโs institutional liquidity and regulatory compliance will be integrated with Plaeeโs CRM and retention engines. Crypto.com recently collaborated with Stripe and High Roller Inc in related deal. Plaee, a company offering technology platforms for iGaming operators, has inked a strategic partnership with Crypto.com. Together, these firms plan to establish a prediction market technology infrastructure that is compatible with the United States Commodity Futures Trading Commission (CFTC) standard. Plaee and Crypto.com Eyes API-first Architecture As part…
Category: Reviews
Hong Kong Securities Group Opposes Stricter Crypto Licensing Rules for Asset Managers
Key Notes The proposal eliminates the existing 10% threshold. Any crypto allocation would require a full virtual asset management license. The consultation deadline is January 23. Hong Kongโs securities industry is pushing back against proposed regulatory changes that would require traditional asset managers to obtain full virtual asset licenses even for minimal cryptocurrency exposure. The Hong Kong Securities and Futures Professionals Association objected on Jan. 20. The group said removal of the existing 10% threshold, a minimum level below which extra licensing isnโt required, creates a disproportionate compliance burden, according…
Wallet Moves BTC for the First Time in 13 Years: What Happened?
Key Notes The wallet transferred its full 909.38 BTC balance into a newly created address. The wallet first received BTC in 2013 when it traded below $7. Early holders may be shifting coins to newer wallets to reduce risks due to quantum computing. A Bitcoin BTC $91 074 24h volatility: 2.0% Market cap: $1.82 T Vol. 24h: $39.73 B wallet dating back to the Satoshi era transferred its full balance of 909.38 BTC into a newly created address on Jan. 19. At current prices, the move was worth about $84.6…
Bitcoin Institutional Demand Very Strong Despite Price Crash: CryptoQuant
Key Notes CryptoQuant’s founder said large custody wallets added $53 billion in Bitcoin to their stash over 12 months. Bitcoin ETFs have contributed significantly to institutional demand for the top coin. Strategy and Metaplanet continue to acquire Bitcoin to lead corporate adoption. Crypto market analysts admit that Bitcoin BTC $91 128 24h volatility: 2.0% Market cap: $1.82 T Vol. 24h: $39.34 B has been having a good run, especially among institutional investors. According to blockchain analytics platform CryptoQuant, institutional demand for the flagship cryptocurrency is still at a peak point.…
Pump.fun Debuts New Investment Arm Pump Fund
Key Notes Pump.fun has launched Pump Fund, a $3 million investment arm. Pump Fund replaces VC selection with live market demand. PUMP token is down 70% from its peak, trading at $0.002535. Pump.fun has launched Pump Fund, a new investment arm focused on startup projects built inside its ecosystem. The initiative replaces traditional venture capital selection with market-based token launches. The first program is a โBuild in Publicโ hackathon that will deploy $3 million across 12 projects. Each project will receive $250,000 at a $10 million valuation. Founders must launch…
Chainlink Whales Are Buying Dips as Analyst Sees 1000% LINK Price Rally
Key Notes On-chain data shows the offloading of Chainlink from retail players, while whales buy the dips. Crypto Patel stated that LINK is holding a multi-year support zone, with a key accumulation range at $7โ$10. The analyst predicts an initial upside to $31 and later to $100 for the LINK price. Chainlink LINK $12.52 24h volatility: 1.9% Market cap: $8.87 B Vol. 24h: $323.56 M has been on investorsโ radar with strong whale buying. Although the LINK price is down 4% on the weekly chart amid the broader crypto market…
DeFi Protocol Makina Finance Hacked for $4.2M, Advises LPs to Remove Liquidity
Key Notes Makina Finance lost $4.2 million to hackers. The protocolโs TVL rose 20.5% despite the notable attack. Makina advised its liquidity providers to remove their assets. Makina Finance, a decentralized finance execution engine based on Ethereum, was exploited early on Tuesday, Jan. 20. Nevertheless, this protocol that automates advanced risk-managed investment strategies, like yield farming, for asset managers, AI agents, and funds, still recorded strong performance. Multiple blockchain security platforms, including TenArmor, flagged the attack on X. ๐จTenArmor Security Alert๐จ Our system has detected a suspicious attack involving #Makina…
BitMine Stakes Another $277M in ETH as Researcher Raises Red Flag over Activity Surge
Key Notes BitMine staked another 86,848 ETH worth about $277.5 million. Ethereumโs staking entry queue climbed to around 2.7 million ETH on January 20. Active Ethereum addresses doubled to 8 million in a month, though researchers link it to poisoning attacks. Tom Leeโs BitMine has added another large batch of Ether ETH $3 089 24h volatility: 3.6% Market cap: $372.86 B Vol. 24h: $24.01 B to its staking book. The company recently staked an additional 86,848 ETH, worth around $277.5 million at current prices. This brings the firmโs total staked…
Solana (SOL) Loses Its Footing, Setting the Stage for Another Dive
Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130. SOL price started a fresh decline below $138 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could start a recovery wave if the bulls defend $132 or $130. Solana Price Dips…
XRP Maintains Bullish Bias Above $1.30 Despite Recent Rejection
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. Theyโve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I wonโt trade them for…